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20131202
20131210
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an estimated bill and then we'll fact check and see. the obama administration will fact check and see and make sure that what they've estimated is the true cost. >> i just don't understand this, bob. an estimated bill based on what? something like 1/3 of the people signing up here have not really signed up because there's no payment mechanisms. we're going to have guest estimates and the government is going to give the insurance company the money and the insurance company is going to hand over the subsidies to people who didn't sign up officially. this is a little "alice in wonderland" for me. >> you know how screwed up healthcare.gov was? well, they didn't fix the back end. it's so screwed up that the federal government, the obama administration, can't pay the insurance companies their share of the subsidy premium. people get subsidies to help buy insurance and the federal government provides those. the administration hasn't built that part of the administration yet. here we are, it's almost january 1. the back -- almost none of the back part of the system works. they still can't transfer the
? >> not perfect indeed, tyler. after five weeks of intensive work to try to get things up to speed, the obama administration says they cannot accommodate up to 800,000 users a today, 50 thousands at a time. if you go on healthcare.gov this morning, you will find yourself waiting in a queue. they do now, as part of their technical fix, have a queueing system that will hold your place in line and get back to you. nonetheless, the site overwhelmed as we entered the peak pertain for people who want to enroll before january 1st. at this clinic in philadelphia, the queue clinic, hakeem has been helping people sign up. he says it is night and day on the site. over the last few days, he says, it's been very smooth and he's been able to help people sign up online start to finish and for a time has felt like he's making progress. >> it tax like two minutes to get the results. this is what ear eligible for, would you like to enroll, and choosing a pair, some plans and premiums. it works very well now. so it's exciting that people can come in and in like, half an hour, find insurance. it's rewarting. >>
're having this huge argument right now. and i think partly because the obama administration about whether the profit incentive is even relevant in today's world. >> i think that's a fair point. i think it's a very important argument to have. by the way, higher education, the for profit guys are the ones paying taxes, both property and income taxes, whereas the not for property guys are the ones receiving subsidies. as far as i'm concerned, money is money. the only difference in private and public money is ideological. you draw a line between the two. public money becomes purer -- >> but it's worth ten cents on the dollar. >> i don't disagree with you. >> you're one of the old democrats. you're looking around saying what am i. >> i don't -- by the way, it's sort of what we were talking about earlier with iran. i don't think it's a question of choosing one or the other. i think you need to have a healthy balance of both. but if you start off with a regulatory bias against the for profit sector. >> you do. >> i understand, i don't disagree. >> i'm appealing to you, stand up and be -- >> i'm
of transparency issues with the obama administration with a lot of criticism on drone striking and a lot of criticism on his nsa policies as shown in the snowden scandal this last summer. you know, it is in the interest of a state to be able to protect its citizens from internal threats, and in that sense, a lot of things that president obama had to do with the nsa were justified. however, there were very, very far-reaching implications. >> actually, i agree with you on that, although it's tricky business. >> it's tricky business. >> to know where to draw the line. obama or obama care, or nsa, i'll give you options here, because you will admit the polls are plunging and sort of breath-taking to watch this happen. >> okay. i think we need to rewind a bit and just view what the youth, my generation, millenial generation, still holds true to their hearts. we still agree with president obama on the issues important to our generation. we still agree with him on issues like gay marriage. we still agree with him on issues like a woman's right to choose. and there are certain core values that i
remaining. the obama administration says it doubled the capacity to the site. it can handle 50,000 viewers simultaneously. the peak traffic in the coming weeks might eclipse the new capacity as people sign up for the new health care plans by december 23rd. >>> still to come, december's historically been one of the best months of the year. will the markets play santa or scrooge for investors this year. we'll be having more insight. we'll be going to the cme as well. [ imitating engine revving ] that's mine. ♪ that's mine. ♪ that's mine. ♪ come on, kyle. ♪ [ horn honks ] that's mine...kyle. [ male announcer ] revenge is best served with 272 horses. now get the best offers of the season. current lessees with an expiring lease get this 2014 ats for around $299 a month. ♪ just by talking to a helmet. it grabbed the patient's record before we even picked him up. it found out the doctor we needed was at st. anne's. wiggle your toes. [ driver ] and it got his okay on treatment from miles away. it even pulled strings with the stoplights. my ambulance talks with smoke alarms and pilots and
pleased with the kind of response he's been getting from the obama administration about security. and depending on where you look, congressman, you know, people on the right to some extent say there was never even any thought to getting security in there. and people on the left say, you know, when i had a kid, should i have gotten rid of my kid when i saw a few glitches? no, you fix the glitches. it's a wide spectrum. what wept into the planning for security? >> well, unfortunately, not much. this isn't about wanting the site to fail itself. you're pushing people. people have lost their health care. they need to be able to access this site in order to get on and get a policy by january. so that's our concern. and what you've done is you've opened them up to a level of risk using this website i've never seen. standard site of this size would be about 500,000 lines of code, roughly, maybe a little less. the code in healthcare.gov is about 5 million lines of code. and it has never been thoroughly tested. and so we know of a very low level access problem and meaning that somebody cou
on the ruling as it develops in just a moment. >>> welcome back. in other news this morning, the obama administration pleased with the progress of the healthcare.gov website, it says. but concern has been raised over the website's ability to hold up as those who haven't been able to enroll under obama care rush to do so now, before the looming deadline. a new health insurance marketplace, meanwhile, is allowing consumers to bypass healthcare.gov. gohealth is an online portal for finding health insurance coverage. clint jones is the ceo. and he joins us now. good morning. >> good morning. >> what can your website do? can it enroll people in plans? >> yes, we can. we've been live now just over a week, successfully helping consumers enroll in federal marketplace plans. >> okay. so there are others, healthsure, another private sector insurance group we had on, how long did it take you to get up and running? >> working on integration a little over a year, with cms and the federal government. so now we have the ability to tap into the federal data hub to help consumers get the subsidy inform
they make. and i think that's a good thing. >> you credit the obama administration for the auto sales for saving the auto sector? >> no. because frankly bush was the one who started to say the auto companies and was criticized for having done so. obama came in and continued it. >> i think it was two administrations working together. >> well, maybe. i'll give you that. but on the other hand, the automobile industry is vastly cyclical. none of you remember, but go back to the tesla story in the stock. you can't make it in the automotive industry. >> so nice of you to remember i don't remember that. >> i hope you don't but i do. not because it's not a good car, people say it is. but it takes so much money to plan in the automotive industry to live through the crashes. when you stop losing top line, it drops right to the bottom and costs a lot of money to play in the game. >> they've really restructured the auto companies. they're in much better shape than they were beforehand. >> so isn't the rest of the world in autos. they're all better, but it'll still be cyclical, becky. >> yeah. >>
at the university of chicago school of business and former chairman of the council of economic advisers in the obama administration. our guest host this morning has been gary stern, continues to be, former president at the federal reserve bank of minneapolis where there's a lot of lakes. and arthur brooks, president -- aren't there? >> yes, there are. >> and arthur -- i knew i had that right. arthur brooks president of aei. >> nailed it. >> american enterprise institute. >> american enterprise institute. >> for young enterprisers. all right. you want to? >> i don't want to take your jobs report away. let's start with mark zandi. what's your number today and why? >> 200,000, it should be a strong report, unemployment should fall to 7.2. i don't think the trend has changed, though. we've been getting 175,000 per month for about three years, i think that's roughly where we are. i don't think we've broken out yet. i think we need stronger gdp growth. and even though we got a good q3 number, we're still growing 2%. i don't think we have enough g the, p to create more jobs. >> jerry, put this in context.
the obama care failures and embarrassments continue to pile up, when will the administration finally admit that it's time to hit the pause problem until all the problems are fixed or maybe the pause button is not set to work until november 2014. that may be closer to truth. here former obama campaign aide, he was briefed by the obama white house on the health care and grace marie turner, she will be testifying tomorrow on obama health care. what's the thrust of your testimony going to be tomorrow? >> the president has said that oh, we don't need to worry about those 5% of americans, 15 million americans that are losing their health insurance because of individual coverage. he said 85% to 90% of the rest of americans are fine nothing changes for them. what we're talking about is how many changes there are to those in the employer market, 150 million people have coverage through the employer market. and for small businesses and big businesses many of them are going to lose coverage, see much higher premiums, higher deductible, fewer doctors in their network. there are many, many changes to c
to those cancelled plans, larry, when the administration announced the fix for the plan cancellations that many states have adopted. that means they can be back on the market for another year. that means the enrollees are not entering the obama carriesing pools and there are fears that the pool will be much less healthy than expected. the change is now for the federal government to open wider that spigot of payouts in reinsurance program that is supposed to last through 2016. >> we have known this. what's new is the switcheroo from the president. i get that. but i don't think, you know, i don't think people really knew going back that in the fine print of this bill was essentially a three-year potential rescue of the insurance companies. if they don't get enough revenues and they have too many claims. i mean, what do you expect? if you have a special spot for processing the sick and the elderly god bless them. i'm saying you should have known that this was going to come. and the polls have said the young people don't want this thing. i don't think people knew, hadley, that this was in
? >> president obama is trying to get out of the defensive crouch he's been with the struggles over the healthcare.gov website. now that the administration believes it has turned around that website, it's trying to go on offense and stalk about his economic agenda for narrowing income inequality. part of that is health care itself. part of that is investments and infrastructure and education. part of it, as the president said in the speech today at center for american progress, is a raise in the minimum wage. >> last month voters in new jersey decided to be the 20th state to raise theirs even hi high higher. that's why the d.c. council decided to do it, too. i agree with those voters. i'm going to keep pushing until we get a higher minimum wage for hard working americans across the entire country. >> note, president obama invoked new jersey, the state of governor chris christie, who may be a republican candidate for president in 2016. this is a difficult goal to accomplish because many republicans, even though the president disputes this argument, make the ar umeguments is going to
Search Results 0 to 11 of about 12